Twitter CEO Buys Bitcoin With Proceeds From Tweet Auction

Jack Dorsey wants to donate all of his income from his tweet auction to the charity. As well as Bitcoin.

Twitter CEO Jack Dorsey decided to buy Bitcoin with all the revenue he earned from the tweet auction, according to his latest statement.

Where Will Bitcoin Be Used?

The cryptocurrencies will be donated to GiveDirectly, a nonprofit that focuses on families living in extreme poverty in East Africa.

Last week, the billionaire began promoting the tokenized version of his first tweet on Valuables, an Ethereum-powered one-time token (NFTs) publishing platform. Dorsey will accept bids by March 21st.

Dorsey

Bridge Oracle CEO Sina Estavi was on the agenda in mainstream media after submitting a $ 2.5 million worth of Ethereum for the historic tweet.

Dorsey has been a big proponent of Bitcoin for years, but has moved far from altcoins. In October, he mentioned that he does not own any Ethereum after he denied the biggest altcoin in the past.

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